Fox and Roku Shareholders Approve $22 Billion Merger Deal

TLDR Shareholders of both Fox and Roku approved Fox’s $22 billion acquisition of Roku. Fox shareholders backed the deal with 99.9% of votes cast by Class B holders. Fox will pay $160 per Roku share, using about $14.2 billion in cash and the rest in Fox Class A stock. The Justice Department still must clear the deal, which is expected to close in the first half of 2027. Fox shareholders will own about 73% of the combined company, and Roku holders will own 27%. Shareholders of Fox Corp. and Roku have voted to approve Fox’s $22 billion acquisition of the streaming platform. Both companies held separate special meetings on Wednesday. The votes were expected. Shareholders for both Fox Corp.

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